Speaking about death and planning for the aftermath is a touchy subject for most people and rightfully so, as it means that we have lost someone close to us. The unfortunate reality is that no one is immortal, and when a loved one passes, we are left with the task of picking up the pieces. It is often the case that spouses, children or close friends take on the task of being the executor. To be named an executor is an honour, but most do not realize how difficult it is to manage the complexity of winding down an estate, particularly while dealing with one's emotions and grief.

In an article written by David Chilton, former Dragon’s Den dragon and author of The Wealthy Barber, he describes being an executor as "a huge responsibility. And frequently it involves a tremendous amount of time and a tremendous amount of stress." In the tough times following the passing of a loved one, one’s focus should be on grieving and healing rather than the subtleties of the legal and tax filing requirements. For this reason, we recommend seeking professional help. By planning ahead and working with an estate and trust professional, you can be confident that upon your passing, your loved ones will have the support of a trained professional who can manage the complexities of an estate on their behalf.   

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